3 Room (3NG) HDB for Sale in 19 Teck Whye Lane

This analytical summary provides a comprehensive valuation of a 3-room HDB unit located in Bukit Batok, which currently holds a remaining lease of 53 years. The estimated value of the property stands at $370,754, translating to an impressive $420 per square foot (PSF). This valuation is indicative of a robust market position, reflecting a notable 21.4% premium above the baseline price for similar properties in the area.

Our assessment is based on a thorough analysis of eight recent HDB resale transactions within the vicinity, which establishes a comparative framework for understanding local market dynamics. The model confidence is rated as medium, suggesting a reasonable level of certainty in this valuation despite potential fluctuations in market sentiment. Given the remaining lease of 53 years, this property offers significant potential for appreciation, especially in a strategic location like Bukit Batok, known for its accessibility and community amenities.